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Retirement information meeting
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<blockquote data-quote="!Retired!" data-source="post: 2325549" data-attributes="member: 24309"><p>1. FedEx can stop funding the pension fund anytime they want. Any benefits accrued would be honored.</p><p>2. The pension an not be touched by bankruptcy. It's held in a separate account not controlled by FedEx and is insured.</p><p>3. Back when the economy tanked, there was talk about privatizing SS. Not because they can do a better job, but because they needed money and they would collect the fees. Once the companies got the bailout money, they abandoned that idea.</p><p></p><p>So let's see if I have this straight. FedEx doesn't have to offer a pension. But, since they do and it doesn't pay what YOU want to pay, you complain and say it sucks. I got that right?</p><p>Also, that large station that had 20% of the couriers called in sick that 'felt they deserved a 3 day weekend'. I'll bet operations still went off and packages still got delivered.</p></blockquote><p></p>
[QUOTE="!Retired!, post: 2325549, member: 24309"] 1. FedEx can stop funding the pension fund anytime they want. Any benefits accrued would be honored. 2. The pension an not be touched by bankruptcy. It's held in a separate account not controlled by FedEx and is insured. 3. Back when the economy tanked, there was talk about privatizing SS. Not because they can do a better job, but because they needed money and they would collect the fees. Once the companies got the bailout money, they abandoned that idea. So let's see if I have this straight. FedEx doesn't have to offer a pension. But, since they do and it doesn't pay what YOU want to pay, you complain and say it sucks. I got that right? Also, that large station that had 20% of the couriers called in sick that 'felt they deserved a 3 day weekend'. I'll bet operations still went off and packages still got delivered. [/QUOTE]
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